Property Type: Land / LotOwnership: Freehold

Lot 4 Fairmont Resort Road Lot# 4

Fairmont Hot Springs, BC V0B1L1

$159,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.32 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$0

Maintenance Fee Includes

Also included: Ground Maintenance

Interior

Fireplace
None

Listing Information

MLS®
10360188
Listed
August 21, 2025
Time on market
On the market for 375 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Rockies West · Data source: CREA DDF.

Description

Welcome to Highland Woods, an exclusive new subdivision in the heart of Fairmont Hot Springs. This exciting development features 21 residential fee simple lots, each over a quarter acre in size, offering ample space to design and build your dream home. Every lot is positioned to capture breathtaking mountain and valley views, while being only minutes away by foot or a short drive from all that Fairmont has to offer, including the world-famous Fairmont Hot Springs, multiple championship golf courses, and an abundance of hiking and biking trails. The Developer will be installing water, electrical, and sanitary sewer services to the lot lines, with road and service completion anticipated by summer 2026. Each owner will be responsible for their own home construction in accordance with the building scheme and design guidelines, ensuring a high-quality and cohesive community feel with the potential to buy a lot and build packages. Unlike traditional strata developments, Highland Woods offers freehold ownership. There are no monthly strata fees; instead, a shared maintenance society will manage the common access road, green space, and pathways, funded by modest annual contributions from owners. Water and sewer services will be billed directly by local utility providers. Whether you’re seeking a year-round residence, a vacation retreat, or an investment in one of BC’s most desirable destinations, Highland Woods provides the perfect balance of space, privacy, and convenience. (id:63159)

Location Insights

Weather

Nearest station: Invermere

Tonight

Tuesday

27°

Tuesday night

13°

Wednesday

22°

Wednesday night

10°

Thursday

18°

Source: Environment and Climate Change Canada.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

2/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Windermere ElementaryElementary17.6 km
Martin Morigeau ElementaryElementary19.4 km
Eileen Madson Primary SchoolElementary22.6 km
David Thompson SecondarySecondary23.2 km
J Alfred Laird ElementaryElementary23.3 km
Open Doors Alternate EducationSecondary23.6 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (2)

  • Barpa Bill's · 5009 Hot Springs Road559 m
  • Fairside Inn · Fairmont Frontage Rd, Fairmont Hot Springs, BC V0B 1L1, Kanada697 m

Grocery (1)

  • Fairmont Mountainside Market651 m

Nearby places data: © OpenStreetMap contributors.

School district: Rocky Mountain (SD6)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($7,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$127,200.00
Periodic payment — Principal & Interest (monthly)$820.65
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$820.65
Interest paid over 5-yr term$36,455.89
Balance at end of term$114,416.81

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$7,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,161.52

Cash Needed at Closing

Minimum down payment$7,950
Estimated BC PTT$1,590
Legal / closing costs (typical estimate)$1,500
Total cash needed$11,040

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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